25060 Hancock AveMurrieta, CA 92562

Property Details for 25060 Hancock Ave

Year built

1991

Construction

WOOD

Lot size

5.83 AC

Property size (Sq ft)

9,343 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

948-500-015

APU

948500015

Description

This thriving Japanese restaurant in Murrieta, CA, presents a fantastic business opportunity. Located at 25060 Hancock Avenue, this well-established eatery boasts a 4.7-star Yelp rating, reflecting its excellent reputation and customer satisfaction. Operating successfully for over two years, the restaurant occupies 1450 square feet and comfortably seats 30+ patrons. The sale includes all furniture, fixtures, and equipment (FF&E), minimizing your initial investment. A significant advantage is the existing beer and wine license, adding to the revenue potential. The kitchen is well-equipped, featuring a walk-in freezer and refrigerator, ensuring efficient food preparation and storage. The business benefits from a low rent and a loyal customer base, providing a stable foundation for continued success. A point-of-sale (POS) system is already in place, streamlining operations. The family-friendly atmosphere and high-quality food contribute to the restaurant's consistent popularity and strong potential for future growth. This turnkey operation is ideal for an owner-operator seeking a profitable and established business. The asking price is $380,000. Please refrain from contacting restaurant staff or customers

• CAP approach

  CAP return

  Valuation

  6%

  $3,774,716

  6.5%

  $3,484,354

  7%

  $3,235,471

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,130,210

  Geo Method

  $8,286,908

• Alternative Use

  Use

  Valuation

  Residential

  $2,939,182

  Hospitality

  $2,692,276

  Educational

  $2,239,942

  Medical

  $2,316,976

  Retail

  $3,484,354

Location Insight

City

Murrieta

County

Riverside

State

California

Latitude

33.5702

Longitude

-117.182

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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